SGB Executive

Vision Street Wear to Relaunch at Finish Line

Collective Licensing International is set to re-launch the skate brand Vision Street Wear (VSW) for the Back-To-School season as an exclusive at Finish Line August 1st…

K2 Donates Net Sales of Commemorative Skis to McConkey’s Family

On March 26, 2009, ski legend Shane McConkey died in a ski BASE jumping accident in the Italian Dolomites. In countless ways, McConkey defined skiing as a lifestyle and by pushing the boundaries of the sport. To celebrate Shane’s life, K2 Skis will relea

Callaway’s Q2 Earnings Plunge 82.5%, Revenues Slide 17%

Callaway Golf Co. reported sales in the second quarter decreased 17% to $302 million from $366 million a year ago. On a currency neutral basis, sales would have fallen 12% to $321 million. Net earnings tumbled 82.5% to $6.5 million, or 10 cents a share, f

Timberland Looks to Clean Up Leather Supply Chain

Timberland Co. said it would demand a moratorium on leather produced from newly deforested areas in the Amazon. On its Earthkeepers blog, Timberland writes that deforestation is a “particular concern to Timberland, as the deforesting is by farms that may

GSI Commerce Q2 Sales Slip; Loss Narrows

GSI Commerce, Inc. said revenues for the second quarter ended July 4, slipped 3.2% to $187.2 million versus $193.2 million in the year-ago period. The net loss was $13.1 million, or 27 cents a share, versus a loss of $20.3 million, or 43 cents, a year ago

Second-Quarter Profits at Hanesbrands Drop 46.7%

Hanesbrands Inc., the parent of Champion and Hanes, reported total sales in the second quarter declined by 8% to $986.0 million, while GAAP earnings per diluted share were 32 cents a share, compared with 60 cents in the year-ago second quarter. Excluding

OIA Survey: Outdoor Independents Show Mixed Results in 2008

According to the 2009 OIA Retail Financial & Operations Performance Report, independent retailers in the outdoor space reported that their inventory turns have dropped while their days on hand have increased since the group was last surveyed in 2007…

Big Bear Sports to Distribute CW-X

The Wacoal Sports Science Corporation (makers of CW-X Conditioning Wear,) has signed an agreement with Big Bear Sports to be the brand's new distributor in the United Kingdom and Republic of Ireland. The move will introduce CW-X to the Irish market,

Timberland Posts $19.2mm Q2 Loss as Revenues Slide 14.4%

The Timberland Company reported a second-quarter loss of $19.2 million, or 34 cents a share, versus a deficit of $18.9 million, or 32 cents, a year ago. Revenue declined 14.4% to $179.7 million, reflecting declines in Timberland brand apparel and casual f

Confluence Watersports Establishes Accessories Division

Confluence Watersports is bolstering the Harmony and Adventure Technology brands by creating an independent Accessories Division. Chris Pageau has recently been hired as general manager to lead the new division…

Zappos CEO Will Pocket Plenty in Amazon Deal

Amazon.com revealed details of its acquisition of Zappos in a filing with the Securities and Exchange Commission Monday. The filing notes that Amazon began discussing an acquisition of Zappos in 2005 and indicates that Tony Hsieh, the online footwear reta

Nike and Adidas Speak Out About Honduran Rights

Nike, adidas, The Gap Inc., and Knights Apparel, released a joint letter to U.S. Secretary of State Hillary Clinton calling for the restoration of democracy in Honduras…